Short Interest in Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) Decreases By 34.8%

Innovator International Developed Power Buffer ETF – March (NYSEARCA:IMAR) was the recipient of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 53,985 shares, a decline of 34.8% from the May 31st total of 82,749 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average trading volume of 138,258 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Innovator International Developed Power Buffer ETF – March

Large investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its stake in Innovator International Developed Power Buffer ETF – March by 3.9% in the 1st quarter. NewEdge Advisors LLC now owns 11,035 shares of the company’s stock worth $320,000 after buying an additional 415 shares during the last quarter. Cornerstone Wealth LLC TN purchased a new stake in Innovator International Developed Power Buffer ETF – March in the first quarter valued at approximately $276,000. Wealth Alliance LLC purchased a new stake in Innovator International Developed Power Buffer ETF – March in the first quarter valued at approximately $231,000. Cetera Investment Advisers increased its position in Innovator International Developed Power Buffer ETF – March by 88.6% during the first quarter. Cetera Investment Advisers now owns 98,029 shares of the company’s stock worth $2,846,000 after purchasing an additional 46,061 shares during the last quarter. Finally, Atlantic Private Wealth LLC purchased a new position in Innovator International Developed Power Buffer ETF – March during the first quarter worth approximately $102,000.

Innovator International Developed Power Buffer ETF – March Stock Performance

Shares of IMAR opened at $30.31 on Thursday. Innovator International Developed Power Buffer ETF – March has a fifty-two week low of $27.77 and a fifty-two week high of $30.75. The company has a market capitalization of $113.66 million, a PE ratio of 16.59 and a beta of 0.31. The stock has a fifty day moving average of $30.17 and a two-hundred day moving average of $29.93.

About Innovator International Developed Power Buffer ETF – March

The Innovator International Developed Power Buffer ETF – March (IMAR) is an exchange-traded fund that mostly invests in total market equity. The fund aims to participate in the price movement of iShares MSCI EAFE ETF (ticker: EFA), up to a predetermined cap, while buffering the first 15% of losses over a one-year period starting March 1. The actively managed fund utilizes FLEX options and collateral IMAR was launched on Feb 29, 2024 and is issued by Innovator.